CORPORATIONS ACT 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

PART 7.12 - MISCELLANEOUS  

Division 2 - Other matters  

SECTION 1101E   CONCEALING ETC. OF BOOKS  

1101E(1)   [ Offences]  

A person must not:


(a) conceal, destroy, mutilate or alter a book:


(i) relating to the business carried on by a financial services licensee or an authorised representative of such a licensee; or

(ii) required under a provision of this Chapter to be kept by a market licensee, a CS facility licensee, a financial services licensee or an authorised representative of a financial services licensee; or


(b) send such a book out of this jurisdiction.

Note: Failure to comply with this subsection is an offence (see subsection 1311(1) ).

1101E(2)   [ Defences]  

In any proceedings against a person for an offence based on subsection (1), it is a defence if the person did not act with intent to:


(a) defraud; or


(b) defeat the objects of this Chapter; or


(c) prevent, delay or obstruct the carrying out of an examination, investigation or audit, or the exercise of a power, under this Chapter.

Note: A defendant bears an evidential burden in relation to the matters in subsection (2). See subsection 13.3(3) of the Criminal Code .


 

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